The Roaring Nineties: A New History of the World's Most Prosperous Decade
How one of the greatest economic expansions in history sowed the seeds of its own collapse. With his best-selling Globalization and Its Discontents, Joseph E. Stiglitz showed how a misplaced faith in free-market ideology led to many of the recent problems suffered by the developing nations. Here he turns the same light on the United States. This groundbreaking work by the Nobel Prize-winning economist argues that much of what we understood about the 1990s' prosperity is wrong, that the theories that have been used to guide world leaders and anchor key business decisions were fundamentally outdated. Yes, jobs were created, technology prospered, inflation fell, and poverty was reduced. But at the same time the foundation was laid for the economic problems we face today. Trapped in a near-ideological commitment to free markets, policymakers permitted accounting standards to slip, carried deregulation further than they should have, and pandered to corporate greed. These chickens have now come home to roost.
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Review: The Roaring Nineties: A New History of the World's Most Prosperous DecadeUser Review - Teo Graur - Goodreads
Although repetitive and visibly biased in some respects, Stiglitz does manage to take us back in the 80s and 90s and exhaustively portray the purposeful exaggerated deregulation of those times and the ever-transforming consequences. Read full review
Review: The Roaring Nineties: A New History of the World's Most Prosperous DecadeUser Review - Matt - Goodreads
Not always an easy read, makes you come away thinking of Clinton as a superhero. I enjoyed the depth it went to in some parts (this was the first definitive account of the 1990s Id read), and the sense of foreboding he leaves you with is compelling when taken in light of the GFC of 2008-09. Read full review
Boom and Bust Seeds of Destruction
Miracleworkers or Lucky Mistakes?
The AllPowerful Fed and Its Role in Inflating the Bubble
Deregulation Run Amok
The Banks and the Bubble
Tax Cuts Feeding the Frenzy
Making Risk a Way of Life